Associate Inventory Analyst

Medtronic4 months ago
Memphis, TN, United States
On-site
Full-time
Junior Level (1-3 years)

Job Description

Overview

Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first - developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.

Responsibilities

We are looking for an Associate Inventory Analyst to support warehouse optimization and inventory management activities at the Memphis Airways distribution center under the guidance of leadership and senior analysts. This role assists in improving space utilization, implementing slotting and replenishment strategies, and maintaining accurate warehouse master data. The analyst uses warehouse reports, product history, and business forecasts to support inventory placement decisions and evolving storage needs. Working closely with inventory clerks, slotting subject matter experts, and warehouse operations, the Associate Inventory Analyst helps execute data collection, physical inventory movements, and process improvements to enhance distribution center throughput and support continuous improvement initiatives aligned with the Medtronic Performance System. Responsibilities may include:

  • Ensures that inventories are secure, properly identified and readily accessible to authorized personnel.
  • Maintains controls over various types of inventories (e.g., raw materials, subassemblies, finished goods).
  • Conducts physical inventory counts and reconciles results with inventory records.
  • Ensures that quantities of incoming and outgoing shipments are correct.
  • Conducts analyses of inventory levels and coordinates with production and sales requirements.

Qualifications

  • Bachelor's Degree
  • Requires broad theoretical job knowledge typically obtained through advanced education.
  • Experience in warehouse operations, or a similar role, with experience in warehouse slotting and machine learning is preferred.
  • Strong analytical and problem-solving skills with proficiency in MS Office Suite and data visualization tools (e.g., PowerBI) is preferred.
  • Experience with Warehouse Management Systems (SAP WMS) is preferred.
  • Knowledge of Lean and Six Sigma principles is preferred.
  • Experience in Opti slot or other slotting tools is preferred.
  • SAP WM Slotting Experience preferred.

Benefits

Medtronic offers a competitive Salary and flexible Benefits Package. A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage. Salary ranges for U.S (excl. PR) locations (USD): $55,200.00 - $82,800.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP). The following benefits and additional compensation are available to those regular employees who work 20+ hours per week:

  • Health, Dental and vision insurance
  • Health Savings Account
  • Healthcare Flexible Spending Account
  • Life insurance
  • Long-term disability leave
  • Dependent daycare spending account
  • Tuition assistance/reimbursement
  • Simple Steps (global well-being program)

The following benefits and additional compensation are available to all regular employees:

  • Incentive plans
  • 401(k) plan plus employer contribution and match
  • Short-term disability
  • Paid time off
  • Paid holidays
  • Employee Stock Purchase Plan
  • Employee Assistance Program
  • Non-qualified Retirement Plan Supplement (subject to IRS earning minimums)
  • Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)

Required Skills

Inventory Management
SAP WMS
Opti Slot
Lean Principles
Slotting Tools
PowerBI
Warehouse Operations
MS Office Suite
Six Sigma Principles
Data Analysis